https://www.taxtmi.com/caselaws?id=779135 ITAT held the AO was not justified in adding income on account of alleged additional capital introduced by the assessee where the AIR information relied upon for reopening was already reflected in the assessee's books. Finding the AIR-based grounds for invoking reassessment invalid, the tribunal quashed the assessment order and allowed the assessee's appeal. en-us Fri, 12 Sep 2025 00:00:00 +0530 Mon, 29 Sep 2025 08:27:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779135 ITAT held the AO was not justified in adding income on account of alleged additional capital introduced by the assessee where the AIR information relied upon for reopening was already reflected in the assessee's books. Finding the AIR-based grounds for invoking reassessment invalid, the tribunal quashed the assessment order and allowed the assessee's appeal. Case-Laws Income Tax Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779135